RFID Credit Cards are now *LESS* secure.

(via: Boing Boing) Futurist and Hacker Pablos Holman demonstrates to Boing Boing TV how simple and easy it is to take personal information from the New and Secure credit cards being issued by Visa, Mastercard and American Express. The cards with RFID chips storing your name, card number, etc can be wirelessly accessed with some simple hardware. The card issuers have decided to provide the 'illusion' of security, rather than security itself. They could have decrypted the information in a secure banking environment, but instead have the decryption occur at the reader, in this case at a store. Magnetic stripes, though not as secure, at least cannot be read from a few feet away. With a big enough antenna, someone could sit in a Starbucks and read the names of every RFID-enabled customer. --Unless of course they're using stainless steel wallets.